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The oil and gas industry is facing challenging times, particularly from changes in the political landscape and increased price volatility. Understanding the nuances of working internationally, often in emerging economies and less stable regimes, is key to ensuring that business risks are appropriately managed.
My oil
My identity
Does the world agree with Iran's oil sanctions ???
Oil exporting countries are seeking to stabilize high oil prices and importing countries are trying to pay a low stable price for their oil purchases, so this process can be discussed as a two-table game, and such an expression on the oil market. The oil market is a mutual monopoly market.
In determining the price of crude oil, each party tries to change the price in its favor. Buyers try to cut prices and sellers try to raise prices. One of
We live in a world dependent on petrochemicals. From the cars we drive to the food on our
plates, the products and materials we derive from petrochemicals are fundamental to many
aspects of modern society. Plastics and fertilisers, the two largest groups of chemical sector
products, are indispensable in our everyday lives. Plastics is the fastest-growing group of bulk
materials in the world, and synthetic nitrogen fertilisers underpin nearly half the world’s food
production
There are different kinds of oil price movements. The first case, which today is only of historical interest, arises when oil prices in international trade were administered first by a group of major oil companies and subsequently by OPEC. The oil price behaviour followed then a typical pattern characterised by periods of different lengths during which a reference price (eg Arabian Light 34 API) remained constant in nominal dollars. We had therefore price episodes, and the passage from one episo
Please tell me your view
Price Forecasting
Will Down Till 31.00
Without any explanation
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